The Ability to Effectively Adopt Change Became the Difference Between

question 21

True/False

The ability to effectively adopt change became the difference between successful and mediocre organizations.

---

Definitions:

Stakeholders

The groups of people affected by a firm’s decisions.

Ownership Interest

Refers to the legal rights and claims an individual or entity has over a property or asset.

Ethical Reasoning

The process of evaluating what is right or wrong in a moral sense and making decisions based on ethical principles.

Relevant Stakeholders

Individuals or groups who may be affected by or have an interest in a particular decision or action within a business or project.